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CNY CNY INR INR Rate as of2026-05-16

CNY to INR Converter.

Current rate

1 CNY = 12.25 INR as of 2026-05-16. Critical for India's import trade with China — India imported $97B+ from China in 2024, the largest single-country source. Used by Indian electronics importers, pharmaceutical API buyers, machinery importers, and Indian students at Chinese universities (medical degrees particularly). CNY-INR is heavily managed by the PBOC daily fix and PBOC's policy of maintaining stable CNY against the basket has resulted in a narrow trading range vs INR over 5 years.

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CNYINR Converter

¥
🇨🇳 CN¥1.00 = 🇮🇳
₹12.25
Rate: 1 CNY = 12.2500 INR
Common conversions
🇨🇳 CNY🇮🇳 INR
CN¥1.00₹12.25
CN¥10.00₹122.50
CN¥100.00₹1,225.00
CN¥500.00₹6,125.00
CN¥1,000.00₹12,250.00
CN¥5,000.00₹61,250.00
CN¥10,000.00₹122,500.00
CN¥50,000.00₹612,500.00
CN¥100,000.00₹1,225,000.00
✨ Mid-market rate · 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

CNY trend over time.

Today
12.25
1 CNY = INR
1 year ago
11.65
↑ 5.2% in 12 months
5 years ago
11.5
↑ 6.5% in 5 years
❓ FAQ

CNY to INR FAQ.

CNY to INR for Chinese imports — banking flow?
Most India-China trade settles via LC (letter of credit) in USD, with the CNY-INR conversion happening at the China end (Chinese supplier converts received USD to CNY at their bank). Direct CNY-denominated LCs are rare due to RBI's preference for USD as the standard trade settlement currency. Indian importers see CNY-INR as a derived rate, not a primary corridor.
Is CNY freely convertible for Indian residents?
No — both India (RBI) and China (PBOC) maintain capital controls. CNY is not on the LRS-permitted list for Indian residents, so direct CNY purchases by Indian individuals are restricted. Indian businesses must route China-related payments through banks with PBOC-licensed correspondent relationships (HDFC, ICICI, SBI all have CNY-handling capability). Personal CNY conversion is typically limited to travel/study expenses.
Medical degree in China — CNY-INR for tuition planning?
Chinese MBBS programs typically cost ¥35,000-50,000/year tuition ($5,000-7,000) + ~¥30,000/year living expenses. For a 6-year program: total ~₹35-50 lakh in INR equivalent. Most Indian medical students fund via NEET-qualified bank education loans (HDFC Credila, Axis, ICICI Credit Bank specialists). CNY weakness over the last 3 years has reduced INR cost ~5-8% from peak — but Chinese university fees have risen, offsetting most of the FX benefit.